Index of Eight Core Industries (Base: 2004-05=100) for December, 2015

1. The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

2. The Eight Core Industries comprise nearly 38% of the weight of items included in the Index of Industrial Production (IIP).The combined Index of Eight Core Industries stands at 175.7in December, 2015, which was 0.9% higher compared to the index of December, 2014. Its cumulative growth during April to December, 2015-16 was 1.9 %.

Coal

3. Coal production (weight: 4.38%) increased by 6.1% inDecember, 2015over December, 2014. Its cumulative index during April to December, 2015-16 increased by 4.6% over corresponding period of previous year.

Crude Oil

4. Crude Oil production (weight: 5.22%) decreased by 4.1% in December, 2015over December, 2014. Its cumulative index during April to December, 2015-16 decreasedby 0.8% over the corresponding period of previous year.

Natural Gas

5. The Natural Gas production (weight: 1.71%) declined by 6.1 % in December, 2015. Its cumulative index during April to December, 2015-16 declined by 2.7% over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput)

6. Petroleum Refinery production (weight: 5.94%) increased by 2.1 % in December, 2015. Its cumulative index during April to December, 2015-16 increased by 2.4% over the corresponding period of previous year.

Fertilizers

7. Fertilizer production (weight: 1.25%)increased by 13.1 % in December, 2015. Its cumulative index during April to December, 2015-16 increased by 10.1% over the corresponding period of previous year.

Steel (Alloy + Non-Alloy)

8. Steel production (weight: 6.68%) declined by 4.4% in December, 2015. Its cumulative index during April to December, 2015-16 declined by 1.9%over the corresponding period of previous year.

Cement

9. Cement production (weight: 2.41%) increased by 3.2 % in December, 2015. Its cumulative index during April to December, 2015-16 increased by 2.2% over the corresponding period of previous year.

Electricity

10. Electricity generation (weight: 10.32%)increased by 2.7% in December, 2015. Its cumulative index during April to December, 2015-16 increased by4.0 % over the corresponding period of previous year.

Note 1:Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month December, 2014 have been revised.

Note 2: Release of the index for January, 2016 will be on Monday, 29thFebruary, 2016.

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2004-05=100

INDEX

Sector

Weight

2010-11

2011-12

2012-13

2013-14

2014-15

Apr-Dec 2014-15

Apr-Dec 2015-16

Coal

4.379

139.7

141.5

148.1

150.0

162.7

151.2

158.2

Crude Oil

5.216

111.0

112.1

111.4

111.2

110.2

110.5

109.6

Natural Gas

1.708

164.4

149.7

128.1

111.5

105.9

106.6

103.7

Refinery Products

5.939

129.7

133.7

172.5

175.0

175.7

174.8

179.1

Fertilizers

1.254

103.4

103.8

100.2

101.8

101.7

101.6

111.9

Steel

6.684

157.7

174.0

181.1

201.9

210.9

210.9

207.0

Cement

2.406

164.2

175.2

188.7

194.5

205.3

202.6

207.1

Electricity

10.316

138.1

149.3

155.3

164.6

178.3

180.4

187.6

Overall Index

37.903

138.4

145.3

154.7

161.2

168.4

167.4

170.5

GROWTH RATES (in %)

Sector

Weight

2010-11

2011-12

2012-13

2013-14

2014-15

Apr-Dec 2014-15

Apr-Dec 2015-16

Coal

4.379

-0.2

1.3

4.6

1.3

8.5

9.5

4.6

Crude Oil

5.216

11.9

1.0

-0.6

-0.2

-0.9

-0.9

-0.8

Natural Gas

1.708

10.0

-8.9

-14.5

-13.0

-5.0

-4.9

-2.7

Refinery Products

5.939

3.0

3.1

29.0

1.5

0.4

0.2

2.4

Fertilizers

1.254

0.0

0.4

-3.4

1.5

-0.1

-1.4

10.1

Steel

6.684

13.2

10.3

4.1

11.5

4.4

6.9

-1.9

Cement

2.406

4.5

6.7

7.7

3.1

5.6

7.9

2.2

Electricity

10.316

5.6

8.1

4.0

6.0

8.3

10.0

4.0

Overall Index

37.903

6.6

5.0

6.5

4.2

4.4

5.7

1.9

#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.